$ETH – Correction or Reversal?

ETH recently tested resistance at $2,879, followed by a pullback to the $2,760 zone. The current drop of nearly -1.8% in 24h has brought RSI (15min) down to 17, signaling oversold conditions. Is a bounce coming?

On the 1H chart, MACD turned bearish, while volume spikes suggest increased trader activity during the dip. The 4H trend remains intact for now, but weakening momentum hints at hesitation among bulls.

Key support sits at $2,754 — if it holds, we may see a rebound to the $2,800–2,820 area. However, if broken, ETH could slide further toward $2,670.

🔍 Keep an eye on:

Price action near $2,754

RSI recovery above 30

MACD cross on lower timeframes

Short-term bounce or deeper correction? Eyes on the charts.

Trade safe. Respect your capital